Showing 1 - 10 of 753
Covestro acquires Vencorex sites in US, Thailand
Published on 18/08/2025
» Bangkok, August 18, 2025 — German materials manufacturer Covestro has signed an agreement with Vencorex Holding SAS, a subsidiary of Thai chemical company PTT Global Chemical Public Company Limited, to acquire two legal entities with stand-alone production sites for HDI (Hexamethylene Diisocyanate) derivatives in Rayong, Thailand, and Freeport, the United States. The legal entities and sites were formerly part of the French aliphatics specialist Vencorex. With this acquisition, Covestro strategically expands and improves its aliphatics production portfolio in the US and in the Asia-Pacific region. The company thereby further advances the implementation of its "Sustainable Future" corporate strategy by continuing its growth in profitable and innovative business areas such as Coatings and Adhesives.
Petrochemical slide expected to persist
Business, Yuthana Praiwan, Published on 08/08/2025
» The downturn in the petrochemical industry is expected to continue until 2027, when it will begin to recover, according to analysts.
Sustainable jet fuel standard nears completion
Business, Yuthana Praiwan, Published on 04/08/2025
» Thailand is expected to issue specifications on sustainable aviation fuel (SAF) next year based on an international standard to hasten efforts to cut carbon dioxide emissions from aircraft, says the Department of Energy Business.
Analysts predict tariff of 19-20% on Thai goods
Business, Nuntawun Polkuamdee, Published on 30/07/2025
» Investors are eagerly monitoring the upcoming US decision on import tariffs for Thai goods, as analysts anticipate a rate in line with regional peers of 19-20%, but not exceeding 25%.
Analysts wary of border standoff
Nuntawun Polkuamdee, Published on 29/07/2025
» Analysts recommend avoiding Thai stocks that have significant exposure to Cambodia and suggest investors monitor the border situation as it could escalate and subsequently affect the economy.
GC eager to expand its biorefinery
Business, Yuthana Praiwan, Published on 28/07/2025
» PTT Global Chemical Plc (GC), the petrochemical arm of PTT Plc, is looking ahead to its biorefinery expansion to serve growing demand for green products, notably sustainable aviation fuel (SAF).
Thailand to offer US more trade concessions to avert 36% tariff
Published on 07/07/2025
» Thailand is making a last-ditch effort to avert a punitive 36% export levy threatened by the Trump administration with offers of greater market access for US farm and industrial goods, along with increased purchases of energy and Boeing jets.
Bangkok Bank touts Thai SMEs in Indonesia
Business, Somruedi Banchongduang, Published on 03/07/2025
» Bangkok Bank (BBL) stands ready to support Thai medium-sized enterprises expanding to Indonesia, where opportunities are growing across various supply chain industries.
Thai oil firms look to alternative markets to Cambodia
Business, Yuthana Praiwan, Published on 02/07/2025
» Cambodia's ban on refined oil imports from Thailand should not have a significant impact on oil companies as they can adjust their sales, shipping their products to other countries in Asia, says the Department of Energy Business (DOEB).
PTT Global Chemical launches catalyst recycling
Business, Yuthana Praiwan, Published on 17/06/2025
» PTT Global Chemical Plc (GC), Thailand's largest petrochemical producer by capacity, has co-developed a technology to recycle unwanted catalyst, claiming it is the first Thai firm able to deal with this industrial waste without the need to export it for recycling.